NOT LISTED FOR SALE
8 Beds
-- Bath
3,475 Sq Ft
6,534 Sq Ft Lot

Last Sold June 20, 2014

Last sale price $1,300,000 $374 Per Sq Ft

6 Days on Market

Highlights

  • Deck
  • Balcony
  • Forced Air Heating System
  • Westwood Elementary School Rated A
  • Building Patio
  • Level Lot

About This Home

As of June 2014

Great Santa Clara location for this well kept 4 plex. Very easy to rent. Dual pane windows. Just one mile from Santa Clara University. Ridiculously low rents. One unit is leased until next February, no other leases.

Last Agent to Sell the Property

Douglas Tobin

Intero Real Estate Services License #00478571 Listed on: 05/25/2014

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 6,534

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,475 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $64,200
  • The owner pays for water

Community Details

Building Details

  • Gardener Expense $1,000
  • Insurance Expense $2,304
  • Maintenance Expense $2,000
  • Other Expense $2,000
  • Utility Expense $8,220
  • Trash Expense $2,000
  • Operating Expense $20,476
  • Gross Income $62,415

Additional Features

  • 3,475 Sq Ft Building
  • Building Patio

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 374.10
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3475
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 3475
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Carport

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common, Patio - Private

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6600.00
  • Lot Size Area Min Search: 6600.00
  • Maximum Lot Size: 6600.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 19.77

Multi Family

  • Expense Insurance: 2304
  • Expense Landscape: 1000
  • Expense Maintenance: 2000
  • Expenses Other: 2000
  • Expenses Total: 20476
  • Expenses Utility: 8220
  • Expense Trash: 2000
  • Expense Water Sewer: 1200
  • Income Annual Gross: 62415.00
  • Income Annual Rental: 64200
  • Income Gross Scheduled: 65700
  • Income Includes: Laundry
  • Income Laundry: 1500
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water, Cable Tv
  • Owner Pays: Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric
  • Vacancy Amount: 3285
  • Vacancy Factor: 5
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $1,300,000 +0.1% $374 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
05/25/2014 05/25/14 For Sale $1,299,000 -- $374 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,831 $1,550,705 $796,805 $753,900
2024 $17,831 $1,520,300 $781,182 $739,118
2023 $17,652 $1,490,491 $765,865 $724,626
2022 $17,361 $1,461,267 $750,849 $710,418
2021 $17,295 $1,432,616 $736,127 $696,489
2020 $16,981 $1,417,927 $728,579 $689,348
2019 $16,960 $1,390,126 $714,294 $675,832
2018 $15,868 $1,362,870 $700,289 $662,581
2017 $15,792 $1,336,148 $686,558 $649,590
2016 $15,408 $1,309,950 $673,097 $636,853
2015 $15,350 $1,290,274 $662,987 $627,287
2014 $1,749 $134,281 $29,947 $104,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81418244

MLSListings

APN: 269-57-018

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